After Powell's speech last night, the market's risk aversion suddenly increased, and the main funds accelerated their shipments. Among them, Coinbase's main limit price sold $5.746 million, and Binance's major market price hit $4.5 million, intensifying market selling pressure and leading to BTC's short-term decline.
Currently, we can focus on the support of $95000. This morning, the main force of Binance has cumulatively hit the bottom of $19.66 million at this position, indicating strong short-term support.
Special note: Coinbase BTC premium has turned negative, and tonight the United States will release CPI data. It is expected that BTC's intraday volatility will intensify, so please take risk control measures.
The data is sourced from PRO members and is for reference only. It does not constitute any investment advice
